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Author Question: Using the Rule of 70, if the country of Huttodom's current growth rate of real GDP per person was 10 ... (Read 93 times)

Evvie72

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Using the Rule of 70, if the country of Huttodom's current growth rate of real GDP per person was 10 percent a year, how long would it take the country's real GDP per person to double?
 
  A) 0.7 years
  B) 20 years
  C) 7 years
  D) 10 years

Question 2

Between September 2013 and September 2014 the number of economic part-time workers decreased from 7.9 million to 7.1 million. Assuming the change resulted from economic part-time workers transitioning to full-time jobs, this change created
 
  A) no change to the U-3 unemployment rate.
  B) a decrease to the U-3 unemployment rate.
  C) an increase to the U-3 unemployment rate.
  D) an increase in the employment-to-population ratio.



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Jsherida

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Answer to Question 1

C

Answer to Question 2

A




Evvie72

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


FergA

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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